Delhi Capitals (DC) are owned 50:50 by GMR Group and JSW Sports through their joint company JSW GMR Cricket Pvt Ltd. GMR has owned the franchise since 2008 and JSW bought half of it in 2018. The two groups take turns running the men’s team: GMR did so in 2025 and 2026, and JSW takes over from the 2027 season. The details below reflect public sources at the time of this update.
DC owner at a glance
| Item | Details |
|---|---|
| Owners | GMR Group (50%) and JSW Sports (50%) |
| Chairman | Kiran Kumar Grandhi (GMR) |
| JSW figure | Parth Jindal |
| 2008 purchase price (GMR) | US$84 million |
| JSW stake (March 2018) | 50% for ₹550 crore |
| Former name | Delhi Daredevils (until December 2018) |
| Home ground | Arun Jaitley Stadium, New Delhi |
| Best IPL result | Runners-up in 2020 |
| Head coach for IPL 2027 | Sourav Ganguly (appointed October 2026) |
From GMR’s Delhi Daredevils to a joint venture
GMR Group, the infrastructure and airports company founded by G. M. Rao, bought the Delhi franchise for US$84 million at the 2008 auction. In March 2018 JSW Sports, part of the Jindal family’s JSW Group, paid ₹550 crore for 50% of the team, and in December 2018 Delhi Daredevils became Delhi Capitals.
Who runs the team? The rotation deal
In October 2024 the co-owners agreed to share operations on a two-year rotation. GMR ran the men’s IPL team and JSW the women’s WPL team for 2025 and 2026; the roles switch in 2027, when JSW Sports takes charge of the men’s team. Major decisions such as auctions, retentions and the captaincy are still taken jointly by the board.
The handover started straight after IPL 2026. On 5 October 2026 Delhi Capitals parted ways with head coach Hemang Badani, director of cricket Venugopal Rao and their staff, and on 6 October Sourav Ganguly, who had been with the franchise since 2019 as advisor and later director of cricket, was named head coach for IPL 2027.
DC’s record
| Season | Result |
|---|---|
| 2008, 2009 | Semi-finalists |
| 2019 | Playoffs for the first time since 2012 |
| 2020 | Runners-up, lost the final to Mumbai Indians in Dubai |
| 2021 | Top of the league, lost in Qualifier 2 |
| 2026 | Sixth, did not qualify |
The women’s team has reached all four WPL finals (2023, 2024, 2025 and 2026) and lost each one, the latest to Royal Challengers Bengaluru by six wickets.
Sister teams
- Pretoria Capitals – SA20 (South Africa)
- Dubai Capitals – ILT20 (UAE)
DC in IPL 2026
Under captain Axar Patel and head coach Hemang Badani, Delhi won their first two games, against Lucknow Super Giants and Mumbai Indians, and finished sixth with seven wins from 14 matches (14 points). KL Rahul led the batting with 593 runs, including a 47-ball century against Punjab Kings, and Lungi Ngidi took 13 wickets. Low points included being bowled out for 75 by Royal Challengers Bengaluru, and a defeat by Punjab Kings on 25 April 2026 despite posting 264/2. Their last game was a 40-run win over Kolkata Knight Riders.
FAQ
Who is the owner of Delhi Capitals?
GMR Group and JSW Sports, 50% each, through JSW GMR Cricket Pvt Ltd.
Who runs DC in IPL 2027?
JSW Sports takes over the running of the men’s team from 2027 under the rotation agreed in 2024, with Sourav Ganguly as head coach.
Have Delhi Capitals ever won the IPL?
No. Their best result is the 2020 final, lost to Mumbai Indians.
When did Delhi Daredevils become Delhi Capitals?
In December 2018, after JSW bought 50% of the franchise.
